The only reason traders believe higher #inflation is good for the dollar is that they believe it will cause the #Fed to raise rates sooner. But interest rates are just another price that is rising. Interest rates are the price paid to borrow money.

The only reason traders believe higher #inflation is good for the dollar is that they believe it will cause the #Fed to raise rates sooner. But interest rates are just another price that is rising. Interest rates are the price paid to borrow money.

— Peter Schiff (@PeterSchiff) February 14, 2018